PublicationsInsights on Current Policy Issues

This memorandum will provide a survey of federal action on cryptocurrencies (aka virtual currencies), including enforcement and guidance. At present, some federal regulators have begun asserting oversight and enforcement authority under their existing powers while other potential regulators have not yet indicated publicly what, if any, oversight they will exercise. Other federal stakeholders on cryptocurrencies have also begun to engage. However, the U.S. government’s approach to virtual currencies remains fluid.

This memorandum will provide a survey of federal action on cryptocurrencies (aka virtual currencies), including enforcement and guidance. At present, some federal regulators have begun asserting oversight and enforcement authority under their existing powers while other potential regulators have not yet indicated publicly what, if any, oversight they will exercise. Other federal stakeholders on cryptocurrencies have also begun to engage. However, the U.S. government’s approach to virtual currencies remains fluid.

This memorandum will provide a survey of federal action on cryptocurrencies (aka virtual currencies), including enforcement and guidance. At present, some federal regulators have begun asserting oversight and enforcement authority under their existing powers while other potential regulators have not yet indicated publicly what, if any, oversight they will exercise. Other federal stakeholders on cryptocurrencies have also begun to engage. However, the U.S. government’s approach to virtual currencies remains fluid.

Senate –The Senate passed H.R. 2353, to reauthorize the Carl D. Perkins Career and Technical Education Act of 2006; S. 2278, State Offices of Rural Health Reauthorization Act of 2018; H.R. 5729 restricting the Coast Guard from adopting certain biometric security measures; H.R. 4318, the Miscellaneous Tariff Bill; S. 2503, Department of Energy Research and Innovation Act; and confirmed Robert L. Wilkie to be Secretary of Veterans Affairs and Bruce Landsberg and Jennifer L. Homendy to be Members of the National Transportation Safety Board.

Next Week in Congress

House -The House is in recess until September 4.

Senate –The Senate may resume consideration of the nomination of Britt Cagle Grant to be United States Circuit Judge for the Eleventh Circuit and the Minibus II, including Agriculture, T-HUD, Interior, Environment, Financial Services, and General Government Appropriations; a four-month extension of the flood insurance program; and the conference report on the National Defense Authorization Act.

PublicationsInsights on Current Policy Issues

This memorandum will provide a survey of federal action on cryptocurrencies (aka virtual currencies), including enforcement and guidance. At present, some federal regulators have begun asserting oversight and enforcement authority under their existing powers while other potential regulators have not yet indicated publicly what, if any, oversight they will exercise. Other federal stakeholders on cryptocurrencies have also begun to engage. However, the U.S. government’s approach to virtual currencies remains fluid.

This memorandum will provide a survey of federal action on cryptocurrencies (aka virtual currencies), including enforcement and guidance. At present, some federal regulators have begun asserting oversight and enforcement authority under their existing powers while other potential regulators have not yet indicated publicly what, if any, oversight they will exercise. Other federal stakeholders on cryptocurrencies have also begun to engage. However, the U.S. government’s approach to virtual currencies remains fluid.

This memorandum will provide a survey of federal action on cryptocurrencies (aka virtual currencies), including enforcement and guidance. At present, some federal regulators have begun asserting oversight and enforcement authority under their existing powers while other potential regulators have not yet indicated publicly what, if any, oversight they will exercise. Other federal stakeholders on cryptocurrencies have also begun to engage. However, the U.S. government’s approach to virtual currencies remains fluid.